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AGCO CP (AGCO) [hlAlert]

Rating:
Buy AGCO
up 76.88 %

AGCO CP (AGCO) rated Buy with price target $34 by Sterne Agee

Posted on: Wednesday,  Jun 24, 2009  9:25 AM ET by Sterne Agee

Sterne Agee rated Buy AGCO CP (NYSE: AGCO) on 06/24/2009, when the stock price was $27.51. Since
then, AGCO CP has gained 76.88% as of 01/27/2016's recent price of $48.66.
If you would have followed this Sterne Agee's recommendation on AGCO, you would have gained 76.88% of your investment in 2408 days.

AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment and implements and a line of diesel engines. AGCO?s products are marketed under a number of brands including, Challenger, Fendt, Massey Ferguson and Valtra. It distributes most of its products through a combination of approximately 2,800 independent dealers and distributors in more than 140 countries. In addition, AGCO provides retail financing in the United States, Canada, Brazil, Germany, France, the United Kingdom, Australia, Ireland and Austria through its finance joint ventures with Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., which it refer to as Rabobank.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2009 9:25 AM Buy
None
27.51 34.00
as of 12/31/2009
1 Week up  56.63 %
1 Month up  69.35 %
3 Months up  85.77 %
1 YTD up  58.71 %

(*) Stock Price at the time of the recommendation.
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